Short Interest in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Decreases By 44.0%

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 50,675 shares, a decline of 44.0% from the June 15th total of 90,463 shares. Based on an average daily trading volume, of 552,820 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares Short-Term National Muni Bond ETF

A number of large investors have recently modified their holdings of SUB. Brown Brothers Harriman & Co. acquired a new stake in shares of iShares Short-Term National Muni Bond ETF in the 4th quarter valued at $25,000. Rothschild Investment LLC grew its stake in shares of iShares Short-Term National Muni Bond ETF by 13,400.0% during the fourth quarter. Rothschild Investment LLC now owns 405 shares of the company’s stock worth $43,000 after purchasing an additional 402 shares in the last quarter. Monetary Solutions Ltd acquired a new position in shares of iShares Short-Term National Muni Bond ETF during the fourth quarter worth $54,000. Field & Main Bank grew its stake in shares of iShares Short-Term National Muni Bond ETF by 18.4% during the fourth quarter. Field & Main Bank now owns 651 shares of the company’s stock worth $69,000 after purchasing an additional 101 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new position in iShares Short-Term National Muni Bond ETF in the second quarter valued at $95,000.

iShares Short-Term National Muni Bond ETF Stock Performance

SUB stock opened at $106.21 on Friday. The company’s 50 day moving average price is $106.35 and its 200 day moving average price is $106.70. iShares Short-Term National Muni Bond ETF has a fifty-two week low of $106.04 and a fifty-two week high of $107.51.

About iShares Short-Term National Muni Bond ETF

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.